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by assigning it an activity which is an expensive mess no matter who undertakes it. i would rather have john and steve use their powers of persuasion and libertarian instincts to apply to another need. privatize elementary schools. >> a subject for another conversation. we'll have that conversation. mike, by the way to clarify to, the tsa denied wrong doing with this marine. i wouldn't take their word or anybody's right now. >> my personal experience is all i can go by. when i have flown i've seen tsa be extremely inefficient. i remember going through check points and the magnetic scanners and then waiting at the boarding area after we all have gone through everything, three workers there one of them randomly would pick someone to check. the other two were standing there. >> sounds like one of these government work projects. >> i agree with mike it's inefficient. we have the tsa acting like bouncers at a bar, basically treating that marine or 95-year-old ladies like terrorists. the thing is when you privatize the people know that they have to treat customers with respect, not like they are p
. that's not nice. john backus is a venture capitalist at new atlantic ventures in d.c. and we did reach out to oracle earlier today for a response on mr. ellison's travel schedule, but we've yet to hear back from the company. john fortt, fill us in on this story. >> well, i think ms. catz has a point here, but maybe the sales team wasn't thrown under the bus. i think they've been in a way under the bus for a while now. it's important to go back, back in june, the head of sales, keith block, left oracle. and one of the stories that i have heard today is i've kind of asked questions around this, is that oracle has still been transitioning the sales force, trying to go from selling mostly database to selling hardware and clad applications as well, and it kind of caught up to them. q4 is the time when the sales team really has to perform, if they're going to hit their annual quota. we really have to see if they show up in this case. i still think, though, they're going to have kinks to work out going forward because they're really trying to sell this suite of products in a whole different w
resisting it. he was the commander at the time. john abazaid, the central command, which oversaw the middle east, was also not for it. secretary of state condi rice was very strongly opposed to it and i accessed a transcript of the meeting at the white house where she voiced her view. she simply thought the opportunity to change things through military force was gone. all of her deputies thought. o >> rose: but it also should beug pointed out, as you will do, the notion that it was the combination of the surge and the arab awakening.at the sunnis were beginning toke turn on al qaeda, and those two things converged.h >> well, bush made a decision, supported basically by his own n.s.c. team, general petraeus, who was in waiting but had not yet been officially picked, andy ray odyearno was the number two command or the ground, and jack keene, who had been former vice chief of staff, who had been working as interlock tour, going around and ashiewrpg the white house. i don't think when theyar made e decision the white house really anticipated that the surge would have this catalytic effect on th
. liz: we have phillip in the pits of the cme. a pretty wild day. plus our market panel. john tanglewood and ron weiner. before we get to those two gentlemen, let's start with phillip at the cme. it was an interesting day. at one point we were down nearly 120 points. another we would up 51 points. which side do we end tomorrow? >> real interesting day, liz. i woke up. i saw the news on cyprus. i turn on fox. everything is happy. i thought we would blow to the upside and it would be a great day. the clouds had lifted but it was behind us now. later on as the day developed dutch finance minister coming out saying this problem might not be over. we might assess other euro area banks and might be too large and ask them to restructure or downsize. that starts to get the fears of contagion. that's why you saw the s&p 500 give up its gains, trade off to the lows. you saw the euro currency sell off as well. a little bit of bidding coming into the end of the day. that is just your first quarter, the guys trying to get the window-dressing on. the second thing you have guys that came in, sold short
morning, everyone. happy monday. welcome to "early start." i'm poppy harlow. >> and i'm john berman. it is friday, march 25th, 5:00 a.m. in the east. we're going to start with the epic seasonal lie. no matter what anyone tells you, it's not spring. from missouri to pennsylvania, millions of people are dealing with rain, snow, potentially dangerous wind this morning. the mix proved dangerous from indianapolis. cars collided on slick, icy roads. look at this scene in kansas city, missouri. the storm causing significant disruptions at the airport. this is not done yet. parts of eastern indiana and western ohio are under a winter storm warning from early this afternoon. the system continues to track eastward. we got it covered for you. suzanne candiotti in dayton, ohio and jennifer delgado in the cnn weather center. we're going to start with suzanne instanting in the snow, in the spring, in dayton, ohio. good morning, susan. >> reporter: good morning, john and poppy. you know, as one youngster told me, i haven't seen one flower yet! that's right. what kind of spring is this? and here co
and elsewhere, the u.s. is trying to prevent one. our chief washington correspondent john harwood has the latest on the possible deficit reduction deal. hi, john. >> it's an interesting blend of confrontation and cooperation. call it a controlled battle because you've got the u.s. senate today taking up a bill to avert a government shutdown by sustaining government funding beyond march 27th. the house has already passed the bill. there are differences between the two chambers and the two parties on what they want to do to the effects of the the bill. it smoothed out some things. made it easier for the pentagon to adjust. the senate has other departments which it's trying to help. still some disagreements there. but they expect to be worked out by the end of the week. at the same time, there's a huge gap between the two long-term budget plans that the two parties are pushing. and john boehner over the weekend said, we're done with tax increases. he was repeating that position. the house white house responded, the senior adviser, saying no deal is possible as long as john boehner is in that place.
roth, and on the fundamentals, john stevenson is with first asset investment management. gentleman, good to see you. now lululemon has been a very good performer for a long time. rich, let's start with the chart. how due the lululemon chart look to you? >> maria, the stock is absolutely not a buy on today's breakdown. in fact, it's a very strong sell. look, even coming into today, the stock has been lagging the broader market. you were down 13% on a year-to-date basis. you see, we've been mired in this well-defined seven-month trading range, bounded by 77 on the high end, 65 on the low end. today we take out that critical low end support at 65. that projects critical downside from $53. you want to sell it right here. >> wow, john, you agree with that? >> oh, absolutely not. this is a great buying opportunity. the problems of today are short-term, they're supplier related. this is a company with absolutely -- that's absolutely transformed the whole athleticwear business. it's fashionable, it's durable, it wears really well, it's worth the premium. this is growing incredibly fast. it
. good to see you, guys. >> hello, maria. >> john, what are you expecting from this market the next couple of weeks headed into earnings season? >> well, right now we're kind of going sideways, doing a little bit of consolidation. obviously the cyprus news didn't help too much. but the fact that we were able to absorb fedex news, as well as oracle and bad print detail last night, and nike, actually helped us out last night. but the fact that we were able to go sideways, we haven't really sold off gives the bull some more hope here. >> i like that you're saying that, because i know fedex caught a lot of people by surprise. the transports breaking down caught a lot of people by surprise. and i'm wondering if that tells us anything about the upcoming first quarter reporting season. david sowerby, are you changing your behavior in any way as a result of what we saw in earnings this week? >> no, i'm not. i think the longer term case for stocks is still very much in tact. and more retail and institutional investors will be rotating into stocks. in the very near term, don't be surprised if
agree to tax hikes and jepd speaker john boehner said the house's answer to that is no. >> the president got his tax heights on january 1st. the talk about raising revenue is over. it's time to deal with the spending problem. >> the two chambers have a way of talking about their differences, not with president obama but on each other. work on the contrasting house and senate plans continue this week. for "nightly business report" i'm john harwood on capital hill. >> i asked when we spoke recently but began by getting him to rate the u.s. economy on a scale of 1 to 10 with 10 being very strong. >> i think it's trying to be a 6 but the government, in generally, the government doing the wrong thing might be pulling it back to a 4. we're definitely off the bottom and economy is trying to recover. . are you concerned? i spoke with form early fed chairman alan greenspan. he said with respect to the sequestered, rising asset prices both in stocks and housing may in part overset the otherwise dill tear just effects of the federal spending cuts. are you in that camp at all? >> not especially. the
, thanks so much. zain asher there. >>> secretary of state john kerry dropping in to meet with president hamid karzai. announcement coming at a time of tension as you can imagine between president karzai and coalition forces and u.s. forces in afghanistan. >> those tensions escalated this month after a bomb blast in kabul that killed nine people, kerry and president karzai just wrapping up a news conference actually. we'll update you on any developments from that. >>> also in afghanistan today another sign that u.s. involvement there is now winding down. the united states handed over full control of a prison near bagram air base to afghan authority. >> the transfer announced a year ago was supposed to take place within six months, but tensions with president karzai and concerns about how afghanistan would handle certain prisoners delayed the handover until now. >> and cbs is now apologizing to veterans who objected to a scene, this is from the reality show "the amazing race." this episode here was shot in vietnam. contesnts there were sent to the hanoi memorial to find a clue they needed
east. i was st. john fan and walter berry teams and the 84 final four with the big east teams. we know history of the big east. we know the -- there is the current big east. the big east is different and that will be a conference with a new name. are you disappointed with the way things panned out? now it is a mid major? what do you think of the way the whole thing turned out for you? >> these have been challenging times. they have been difficult times. we've come through it very well. this is not a mid major as well. this is chance for football schools with basketball to become realigned. connell: you characterize the big east, the new conference. >> careful how i characterize it. we're the current big east. new conference soon. connell: you said this is major conference like the acc? it is a major college sports conference. >> we see ourselves. no reason we shouldn't. we have good football schools that will improve. we have big brand. we're in big cities. in major metropolitan areas. we have programs in florida that are enormous and doing very well. we have programs like cincinnati a
founder and ceo, weighing in as our bear, john -- [inaudible] senior portfolio manager. and i think i'm going to start here with you, ned, on the issue of, you know, we've had this great rally. we've had these big numbers coming out and, obviously, everyone is kind of getting cautious, getting nervous. that makes sense. what do you say to those that are looking for that new high on the s&p maybe by the end of the trading week? >> well, i don't know if it's trading week or if it's another month before we hit a high in the s&p. this has been the rodney dangerfield kind of market, getting no respect whatsoever. [laughter] people talk about the retail coming back into the marketplace. we've got to consider the backdrop that in the last four years retail investors have sort of dishorded $400 billion worth of equity mutual funds, and the first six weeks of this year was a small pittance that came back into the market. retail is still scared. they don't believe it, they're still skeptics, and i like that backdrop. that's a great, positive backdrop to have. you buy when the news is bad, you b
, this is house speaker joh john boehner. >> we are open with each other, we're honest with each other, but we're trying to bridge some big differences. >> do you trust president obama? >> absolutely. lou: saying it was more of a looming crisis. the ncaa march madness tournament is set to tip off tomorrow between a couple number 16 seed, liberty university and north carolina. the four number one, louisville, kansas, and say that and india indiana. no matter who cut down the net at the end of this tournament the real winners are cbs and turner sports. the report shows cbs and time warner sports took in more than a billion dollars in ad sales revenue during the tournament last year. the 2012 nfl playoffs and super bowl brought in a lousy $976 million. the nba last season brought in just about half of that in ad revenue. oceans 11 style heist costing the largest casino more than $33 million, high-stakes gambling and an accomplice scanned the hotel and casino by hacking into the security cameras. signaling the gambler on how to bet and went bet and all they needed was eight hands of cards. expect
medicare into a voucher program. house speaker john boehner said ryan's budget helps balance the federal budget. "the american people overwhelmingly support balancing our budget, a budget senate democrats are considering never balancing. that means more debt, fewer jobs, and, frankly, much higher taxes." meanwhile, democrats criticized the bill's lack of funding to healthcare programs. "one of the core elements of the ryan budget plan that gives us real partisan concern is that it doesn't keep our promises to our seniors, to our veterans, to our most vulernable population." the budget has no chance of passing the senate. lawmakers leave capitol hill for a two week recess after today. is this a countdown to bankruptcy? the little island of cyprus, already on financial life support, its banks all closed this week, desperately needs a bail-out. so how do depositors get their money out? line up at the atm and hope it doesn't run out out of cash. the european central bank says if the country cannot reach a bailout deal by monday, then cyprus' banks would be cut off from any more emergency fun
went around st. peter's square in an open pope mobile. you will remember that back in 1981, john pawl ii fell victim to an assassination attempt -- john paul ii fell victim to an assassination attempt. the vehicle was filled with plexiglass to protect the pope. the pope stopped to kiss some babies and he even got out and went to comfort a sick one. he talked about st. joseph in his homily and st. josephs need to protect the poor, the downtrodden and the fragile. it was a representation of the thing he was talking about. he also had another part of his mess arm for the assembled dignitaries. there were 130 around the world, including 30 heads of state who were here, and a dozen or so heads of government as well as officials from various religions around the world. he said authentic power is service. that must have been one of the message that he wanted to get across because he later tweeted that same line. >> and for all of the change that's happening, there's gonna be a lot of similarities because there's very little chance of any change as far as leaning toward liberal stances, roles
-term large effect. >> john, you wouldn't worry about positioning your portfolio into the weekend even though this is hanging out there? >> i don't think so. for most investors it's really a non-event. >> get out your winter coats, guys. apparently an ohio prosecutor is seek the death penalty for punxsutawney phil who forecast -- did you know that? he forecast an early spring and -- >> i know. i'm excited about it. >> this is honest to god, true, the guy in ohio, michael moezer who is a prosecutor has filed an indictment for phil. >> we need a legal defense fund. >> thank you for coming on, and i like stolfus. next time i promise you that i'll get it exactly right. you didn't put your stuff in mothballs yet, did you? >> no. >> no, no. >> how many games will you watch today, do you think? >> none. i watch the highlights after. >> at least you watch the show, unlike some people. make sure you join us monday. "squawk on the street" is next. >>> happy friday. welcome to "squawk on the street." i'm melissa lee with jim cramer and scott wapner. let's take a look at -- up by about 42 in pre-market t
that back in 1981, john pawl ii fell victim to an assassination attempt -- john paul ii fell victim to an assassination attempt. the vehicle was filled with plexiglass to protect the pope. the pope stopped to kiss some babies and he even got out and went to comfort a sick one. he talked about st. joseph in his homily and st. josephs need to protect the poor, the downtrodden and the fragile. it was a representation of the thing he was talking about. he also had another part of his mess arm for the assembled dignitaries. there were 130 around the world, including 30 heads of state who were here, and a dozen or so heads of government as well as officials from various religions around the world. he said authentic power is service. that must have been one of the message that he wanted to get across because he later tweeted that same line. >> and for all of the change that's happening, there's gonna be a lot of similarities because there's very little chance of any change as far as leaning toward liberal stances, roles of women in the church, gay marria
, bloated nature exists at the cost of all of us. dagen: is the danger, john, we continue on with unemployment still stubbornly high, still very close to 8%, that the longer we struggle as a economy, the more they will rely on the government to be there and provide a safety net. >> i think people are wise as to what is going on there. it is still a very abnormally high number. it is high because of government barriers. obamacare is an increased cost placed on businesses that makes it far more expensive to hire workers. 7.7%, the nature of job opportunities is greatly reduced for all americans. the president cannot create jobs, but in obama's case, he can create a lot of barriers to job creation. there is a lot of skepticism. dagen: gasoline prices going up again. we would like to blame whoever is in the white house for gasoline prices. >> i would argue that it is very much in the white house's hands. people are going to work every day and it cost a lot more to get there. this is a simple dollar problem. you would very quickly seek gasoline prices falling. you would see a f
banks and right now. and cit group chairman and ceo john thain reacts to the rumor that will not go away. namely that his company has been shopping for a suitor. john will try and lay those fears aside once again, those rumors. >> a look at where we stand as we approach this final stretch, final hour of the day. dow jones industrial down about 26 points. had been down 110. we are well off of the lows. nasdaq looks like this. also pretty volatile in the afternoon here. as you can see, it is down about five points at 3243. s&p 500 really similar move here. down five points. equities showing great resilience, pushing back from a triple digit loss today. will the crisis abroad keep the markets in jeopardy? >> you had to be named steve to be on the panel today for the most part. steven water from russell investments, steve sacks. steve liesman is with us. and then there's that guy santelli who joins us daily as well. dr. wood, are we making too much of this? over the weekend we were all convinced that the markets were going to be slammed today. they were in asia overnight. then things allayed
, the jackknife around john's town, colorado, shutting down the road more than 5 hours. they were afraid the tanker was going to explode as it caught fire. and the traffic behind it that they had tho to close down the roads and keep the people from the area. really rough conscience. they saw a foot of snow. interstate 70 across kansas had to be shut down and now across missouri, they are seeing the heaviest of the snow. st. louis, you crossed over from rain to snow, you will see 5 to 8 inches of snow. that's in st. louis. it will continue along i70 and get into indianapolis. we will see a couple of spots to see maybe 10 to 12 inches. tonight into tomorrow, this moves to the mid-atlantic. so more snow in jersey, pennsylvania, the state of philadelphia, baltimore, washington, d.c. it's going to be a cold, snowy day and a coastal storm develops. this is where the snow is now. winter storm warnings in effect and there is a slight risk for severe weather, a tornado warning, but wecan see more in florida, south carolina and in towards southern georgia. >> jamie: i am breaking up with you, rick
. that's if washington or some in washington get their way. john harwood is on the case. he'll join us live from d.c. in a moment and if you hate to fly we have two stories that are going to make you feel potentially worse. you might as we'll get them here before getting smacked in the face with them at the airport. more "power" in two minutes. at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our integrated technical analysis is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. no they don't. hey son. have fun tonight. ♪ ♪ back against the wall ♪ ain't nothin to me ♪ ain't nothin to me [ crowd murmurs ] hey! ♪ [ howls ] ♪ >>> new clues about the state of high-end retail. tiffany out with earnings today. the luxury jewelry retailer beating profits estimates a
as the s&p 500 futures close. let's bring in our market panel. john and dan. sandra: i knew i would stumble on that. come on, adam. thanks for saving me anyway. start with you, first, john. according to some notes i read from you today, you think that the market, where it stands today is actually fairly priced. you believe, you're rather optimistic you think things could head higher. what keeps you up at night? what could get in the way of things looking, bright in the future? we sold off somewhat significantly today. >> well, what i actually said was given current earnings and given current interest rate levels and current inflation level that the market was fairly priced but, we still are of the view that the market is in a secular trading range and it is up towards the top of that. and we, we just believe that with the aggressiveness of the federal reserve and now with the japanese central bank and then with the cyprus situation exacerbating the european banking situation, we think that aggressive monetary policy is going to lead to inflation and we're much more bullish on gold and commo
't believe that interest rates will go occupy. sue? >> thank you so much. john? >> to be every everywhere 4.5%. here is a statement that i have got from ebay. however, we do leverage a few cloud technology including open stack so that we can architect or infrastructure. what is interest something a system integrator today released fuel which is a set of tools making it easier for people to move to the open source standard for the data center. prayers are getting lennox. a number of other players in servers. >> thank you very much. when goldman sachs talks, investors listen. a couple of big name stocks getting socked by downgrades. the dough down 108 points on the trading session so far. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retir
and intelligence allies in the region not speaking has been a huge, huge problem. so, the president-- john kerry, when he went to archg raon his maten trip as secretary of state, talkedded to erdjuan, and the president when he got here at his very first meeting with netanyahied with brought it up, and has been working it we're told each time they met. so it was set up that they went to the airport. they had a trailer set up, and netanyahi and obama went in and the call was made. and we were all wondering-- it took something like half an hour. and we wondered why so long, why was the president there, why did he get on the phone. what we're told is both netanyahu and erdjuan required the president to be there, for each one that gave that leader cover to do this sort of forced public. erdogan could say president obama has explained that it's very, very important for to us at least cooperate on security intelligence. i need to do this for my friend barack obama, and netanyahu could make the same case for the people criticizing him at home for apologizing to erdogan. >> you mentioned syria. when the
balanced fund comanager and john golder man. scott over at the cme, was this a cyprus selloff or is there something more to it? >> no. it definitely is a cyprus something. i wouldn't really call it a selloff. in fact over, if this happened last week during the week or even during this week instead of over the weekend we may not have seen the s&ps down 13, 14, 15 like they were overnight. and what this really is a point is that anybody that gets this pullback, people waiting for any sort of pullback, immediately are coming back into the market. that's why we saw this market come back today. i know we had a chance, david, like you said to actually look like we maybe were going to close up on the day and we closed down but we're only half of where we were early in the day today. so there is two things going on here. last week when i was on thursday, we talked about the vix, but we talked about volatility of the vix. we were talking how, boy, just stay in the market, get the market but buy your protection. if anybody had done that people bought that, up 20, 30% today you could hav
this and it's over. are you ready skee-daddy for the lightning round? john in my home state of pennsylvania. john! >> caller: boo-yah! how you doing, jim? >> i'm waiting for the phillies to get started unless you're a pirate fan. that would be a bummer. >> caller: hamels looks good this year. i'm calling about ameren pharmaceuticals. i've been following this company about the past year and a half. it looks like the two-headed swan in the marketplace with indications it's a one-hit wonder for product. the marketplace starved astrazeneca, glaxo, merck and pfizer. >> we are going to veto it. this is like the mets without having dickey, okay? we get the picture right, clear on that one? don't buy. let's go to tyler in virginia. tyler. >> caller: boo-yah, dr. cramer. >> boo-yah. >> caller: i like your opinion on travel centers of america. i got in it two months ago and it's up 40%. ring the register or hold on? >> i've been looking at this company trying to figure out what they are going to do with natural gas. the answer is, i've got to hold this, do homework and give you a much better view on
are focusing on our sam, sam adams beer company, and also keeping ni on papa john's. they have hit all-time highs. and we can talk about the gains they have seen over the last 52 weeks, one year. up 107% for constellation brands. also, papa john's and boston beer gaining more than 60% in the last 52 weeks. very nice. back to you. cheryl: thank you very much, big performers on the screen, thank you, nicole. as the united states beefs up the cyber security, competition is heating up to find the best way to ward off hackers. palo alto networks joining me now with a fox business exclusive when we have news of cyber security. let's talk about this meeting. the new treasury secretary meets with chinese officials talking about cyber security. how big of a threat do you think the chinese truly are? >> larger than any other single country or actor. there are several very focused, very well-funded and they're used the technology and their wherewithal to steal things, break into you get your passwords, corporate espionage. cheryl: do you get a sense the u.s. government is the group best to fight
as ban yon partners. i saw you, john. i'm trying to figure out what you were getting at. were you trying to figure out whether he was leaving yesterday? man, that was the biggest stage you've ever been on, isn't it? you looked like you knew it too? >> i was trying to get a little more news out of the guys. i think there's a philosophical question, other central banks have eight-year term limits for their chairman, the bank of england and ecb. alan greenspan was in this job for 19 years. so i wanted to try to get bernanke to talk about whether he thought, you know, that there was a -- that a chairman should step aside after eight years. he didn't bite. >> no, he didn't. he said the only two people with term limits are the president and vice president. oh, you were watching? >> i read afterwards. it was interesting. >> but that -- he could step aside without having a term limit. in other words, he could say i think eight years is an appropriate amount of time, set a precedent. >> jon, if he takes the balance sheet from $1 trillion to $12 trillion and says, see you later -- he's got to be t
a mea culpa. this is something. john bricatelio is stepping down march 30th. he had been on the job for more than six years. in a letter, he says the following. the decision to leave is, quote, really all about my accountability for the short comes in our financial results this year. currently looks like we will come in at the low end or absolutely below the financial guyance we issued to the street and we have fallen short of our internal operating plan we set one year ago. and for that, i am 1100% accountable. the video game giant warnings that it expects revenues and can earnings to be at the low end. shares falling in after hours trading, but that memo in some ways -- maybe not as funny as andrew mason's letter, but in a similar category. >> certainly not as well known a ceo, right? >> it's the first time i've ever seen it. >> but probably a better known company or a more successful company. >> i don't know. they've been in the news a lot. >> only because of the ipo. >>> one small market cap, the thing is, this company didn't used to have a small market cap. affymax shares are d
work on ceos who eat crow and how people like that. john, i think, takes some responsibility for the problems at ea. simms city, we had a move into digital that no one could have predicted and a lot of the games were analog, and i think that john is the fall guy here for that particular incredible trend. although he was always too bullish. >> always too bullish. >> and he had a mea culpa. >> yes. >> watch deere and watch electronic arts for very different reasons. as we said, the opening bell is just about four minute away and get read per another big day of trading. how much will cyprus play in if at all and housing starts. big crowd here, post 9. "squawk on the street" returns right after this. zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children
investment strategist john stolftus. >> why do you have all those letters? >> it was the way it was originally spelled. >> wouldn't it be easier if it was spelled phonetically. >> you sure know how to hurt a guy. >> altman. >> it's easy. >> yeah, it's easy. first your morning headlines. starting with cyprus, lawmakers preparing to vote on a series of bills aimed at striking a bailout deal. this comes after talks with russia collapsed. the eu is threatened to withdraw its bailout offer if no deal is finalized by this monday. we'll talk to michelle caruso cabrera. in corporate news, today is the end of the 45-day go-shop period for dell. dell and silverlake announced $24.4 billion buyout bid last month. roger altman could tell us everything about this but you would have to kill us if you told us. >> you don't have to worry because i won't. >> because he's representing the company. >> but just knowing what you know makes me think i wish i knew what you know. but we'll never know. >> i don't know as much as you do about lululemon. >> tiffany getting a post. posting better than ex
a lot of acquisitions. >> well, i think we're the leaders, john, and we have to continue to innovate. but i think, you know, the affinity that marketers have for adobe, we're such an entrenched part of the content life cycle, and so as they're creating these campaigns, we think that's the on-ramp from all of this digital spend. google's actually a partner, because we allow marketers to spend more money on surge, but there is social, there is display, there is video. and i would say that oracle and ibm come at it more from the point of view of i.t. we focused on the marketer, we believe we have the most comprehensive solution. and, you know, we're clearly in the lead. >> i know we're almost out of time, but i notice that you guys also put out a release saying kevin lynch, the chief technology officer, who came over, i believe, from macro media, quite a while back, is leaving the company. what can you say about that and who's going to lead adobe's technical efforts going forward? >> well, kevin's made many contributions, john, and you know, i'm really grateful for that. he's decided th
to john harwood. he has some breaking news. >> maria, we are not going to have a government shutdown on march 27th when the current government funding bill runs out. the senate has just passed its version of the so-called cr with more than 70 votes in favor. the house plans to pass it tomorrow. and again, it reflects the fact that the fiscal fights that were at fever pitch throughout 2011 and 2012 have now been defused. both sides are working at a much slower pace, less of a crisis atmosphere, maria. >> all right, john, thank you so much. feeling cramped at the back of the plane? wait until you hear what the largest airlines are doing to keep business class flyers flat-out happy. of course, it all comes with a price. stay with us. [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. [ female announcer ] what if the next big thing, isn't
right. i'm joe kernen along with andrew ross sorkin. our guest host, john kelly and constance hunter. >> she's still in spring. >> i'm in winter. it's supposed to snow again. >> we're complaining about -- it didn't snow at all last year. now it snowed a lot this year. you have to give me the list of things -- what would indicate it's not warming? there really isn't. eastbound that asteroid and meteorites. cnn anchor really did ask is that because of climate change. >>> conclusion of a two-day fed meeting. policy statement updated economic forecast and a news conference by chairman bernanke as they say in chicago. that's where we find steve liesman in washington this morning. i don't know what andrew was trying to stay earlier that you're hanging out with bernanke. a lot of people hanging out with the chairman. not just you. you didn't have breakfast or anything, right? >> no, we didn't have breakfast. i thought i would let that run for a little while. >> you should have just said let me just -- >> let's move on. i like that music you were playing this morning. quite soothing. you kno
not know where the money is. >> ms global, the firm john corazine led into bankruptcy settled the bank amid criticism it withheld emergency cash as the brokerage teetered on the edge of collapse. >>> if that wasn't enough, the bank has also come under fire for assisting harmful payday lenders. sometimes charging interest rates upwards of 500%. also, foreclosing on homes of members of the military while on active duty. pay slashed in half in january and the bank disclosed 17,000 layoffs in february. the flood gate of bad news first opened last year when jp morgan's european arms made a giant trade on the global economy. dubbed the london whale for its sheer size, it cost the bank $6 billion. >> the rules need to be revamped. >> grilled over that very trade last week on capital hill, senator carl leaven took executives and the bank's regulators to go awry. >> the occ has issued a cease and desist order. but i believe you and your colleagues have a challenge to get america's biggest bank back on the straight and narrow. >> for now, jp morgan is taking strides to right its wrong. when diamond d
last night's episode. and they gave this to us last night. we also reached out to senator john mccain who also has concerns about the episode, but we have not heard back from him as of yet. now, carol, cbs as a network relies heavily on an audience who supports the military, so you do have to think that easing veterans' hurt feelings is definitely a high priority for them. >> regardless, they should have apologized. nischelle turner reporting live from los angeles. >>> next hour, we expect to learn the winner of saturday night's $338 million power ball jackpot. our affiliate says someone bought the only winning ticket at love's travel shop in borden town, new jersey. lottery officials plan to announce the winner at a news conference that will start about 45 minutes from now. we'll keep you posted. >>> florida gulf coast university breaking brackets and making history.eagles beat san diego state in the ncaa tournament. it was amazing. they become the first 15th seeded team ever to reach the sweet 16. awesome. the eagles celebrated their win in the locker room. they advance to play
280 at john daly boulevard offramp but we don't know if there's injuries. police are still on the way. and to marin county, a little bit slow traffic between novato and san rafael which is typical. on highway 4 westbound, we have slow traffic in antioch and bay point and on 680 between concord and walnut creek. let's go to steve. >>> we have mostly clear skies. a few patchy clouds. not much in the way of any breeze. but that will pick up later. maybe a south wind will pick up later. it has some rain in it. but not until tuesday afternoon. san francisco which was 63 yesterday. we'll go 62 for a high. starting off mostly sunny. we'll see mostly cloudy skies by this afternoon and then cloudy by this evening. temperatures with more of a westerly breeze. 40s on the temperatures. one upper 30. that's santa rosa. antioch, 44, livermore, san jose, redwood city, san rafael. san rafael seems to be stuck at 44. there's your break in the clouds right now. but they will continue to roll in later this afternoon leading to rain by tuesday afternoon. highs today, 60s into -- some low 70s. tomorrow th
. >>> happening now -- secretary of state john kerry has arrived in afghanistan on an unannounced visit. kerry is meeting with afghan president, hamid karzai, amid concerns that karzai may be jepertiseing progress in the war there -- jeopardizing progress in the war there. he also met with anotherry al- nourile al-maliki -- nouri al- maliki. negotiations broke down over whether the u.s. would have the power to block the release of some detainees. an agreement over the weekend gives the u.s. the power to veto the release of prisoners. >>> the death of a soldier from hayward is being mourned by his family and friends. james grissan died on thursday after being wounded in afghanistan. he was a graduate of mount eden high school, earned an associate's degree from the arts of san francisco. he is survived by his wife, parents and sister. >>> the parents of a contra costa county marine killed in a murder-suicide will fly to washington, d.c. this week to bring the body of their daughter home. officials say sergeant eusebio lopez of pacifica shot and killed 19-year-old sara castromata of oakley on thu
a new crash. southbound 280 at john daly boulevard offramp but we don't know if there's injuries. police are still on the way. and to marin county, a little bit slow traffic between novato and san rafael which is typical. on highway 4 westbound, we have slow traffic in antioch and bay point and on 680 between concord and walnut creek. let's go to steve. >>> we have mostly clear skies. a few patchy clouds. not much in the way of any breeze. but that will pick up later. maybe a south wind will pick up later. it has some rain in it. but not until tuesday afternoon. san francisco which was 63 yesterday. we'll go 62 for a high. starting off mostly sunny. we'll see mostly cloudy skies by this afternoon and then cloudy by this evening. temperatures with more of a westerly breeze. 40s on the temperatures. one upper 30. that's santa rosa. antioch, 44, livermore, san jose, redwood city, san rafael. san rafael seems to be stuck at 44. there's your break in the clouds right now. but they will continue to roll in later this afternoon leading to rain by
to democratic governor john hick and. he is expected to sign it into law. earlier this week colorado lawmakers approved a measure limiting magazines to no more than 15 rounds. color of becomes a first date outside the east coast to restrict gun rights in the wake of newtown and/or shootings if, indeed, governor hickel lipper doesn't. the state is likely to suffer financially as well. we should point out, gun parts company back paul has threatened to leave the state of colorado over the passage of these bills. if they become law. republican congressman of indiana wrote a letter today. in that letter encouraging them to move to his home state. again, this breaking news. the colorado state legislature has passed another gun-control bill requiring universal background checks on all gun buyers and the governor, as i said, expected to sign it into law. alcohol, tobacco, gambling, pornography, no doubt that sex and san still sell big into next loudobbs@foxbusiness.com. we take a look at the numbers. president obama wants big oil to fund its own demise. we will have the latest on the president's $2 bi
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